This Is What Whales Are Betting On ON Semiconductor
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on ON Semiconductor (NASDAQ:ON), with 54% of detected trades having bearish expectations. Whales have been targeting a price range of $75 to $105 for ON Semiconductor over the last 3 months. The stock is currently up 5.32% at $86.36.

May 26, 2023 | 3:06 pm
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NEUTRAL IMPACT
Whale investor has taken a bearish stance on ON Semiconductor, with 54% of detected trades being bearish. The stock is currently up 5.32% at $86.36.
The whale investor's bearish stance on ON Semiconductor may create some downward pressure on the stock price in the short term. However, the stock is currently up 5.32% at $86.36, and various analyst ratings suggest a mixed outlook. Therefore, the short-term impact on the stock price is considered neutral.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100